Navigation Links
Stoppert Named as President and CEO at Breakthrough Renewable Technology Firm Segetis, Inc
Date:9/3/2008

The board of directors of Segetis, Inc has announced the appointment of James Stoppert as President and Chief Executive Officer of the company.

MINNEAPOLIS (Business Wire EON) September 3, 2008 -- Segetis is the first and only company to unlock the chemical "binary code" for developing a wide range of industrial chemicals and plastics that are ultimately derived from non-food agricultural and forestry sources. Backed by Khosla Ventures, Segetis is focused on developing a broad portfolio of bio-based materials made entirely or in a major part with use of proprietary renewable binary monomers.

Stoppert comes to Segetis from Cargill, where he led The Industrial BioProducts Business Unit focused on renewable routes to chemicals and plastics. Two of the opportunities developed, Elevance and BiOH, are now standalone businesses. Stoppert has more than 35 years of commercial experience in the chemicals industry. In 1997 he was appointed CEO of Cargill Dow LLC (now NatureWorks LLC), which led the green revolution in the chemical industry by producing plastics derived entirely from annually renewable resources like corn. Prior to Cargill Dow LLC, he held several positions with Dow Chemical, managing several major Dow Plastics businesses as well as major environmental issues for Dow's Global Plastics business.

"Jim brings a wealth of chemical industry experience to Segetis, he is also a pioneer in developing green chemicals from renewable resources," said Vinod Khosla, founder Khosla Ventures. "With Jim's addition Segetis has entered a new phase of growth that has a unique combination of powerful broad-impact technology and a strong management team."

"We have developed a broad platform of bio-based materials that enable the company to participate in numerous global applications and markets," said Sergey Selifonov, the inventor of the binary monomer technology, Segetis founder and Chief Scientific Officer. "Jim is a first class leader for helping us take the next step towards commercialization."

"The addition of Jim Stoppert as CEO signals that we are progressing from discovery to commercialization," added Olga Selifonova, co-founder of Segetis and Vice President of Corporate Development. "We are on the verge of producing breakthrough products that deliver the cost and performance required to compete with fossil-fuel–based materials."

About Segetis

Segetis is focused on commercializing a proprietary platform of binary monomers based on renewable feedstocks. As the first and only company to unlock the "binary code" of green chemistry, Segetis technology will deliver the cost and performance required to compete with fossil-fuel–based materials. Segetis strives to operate in a socially responsible manner as it pursues its mission of enabling industry to transform itself from dependence on fossil fuels to a more sustainable future. Segetis has been established in 2006 and began its accelerated growth in January of 2007 when the founders, Sergey Selifonov and Olga Selifonova, have secured Series A financing from Khosla Ventures.

For more information, please visit www.Segetis.com.

Read the full story at http://www.prweb.com/releases/segetis/stoppert/prweb1282154.htm


'/>"/>
Source: PRWeb
Copyright©2008 Vocus, Inc.
All rights reserved  

Related biology technology :

1. Amyris Biotechnologies Co-Founder Neil Renninger Named to Technology Reviews Prestigious TR35 List of Top Young Innovators
2. Todd R. Nelson Named Chief Executive Officer of eBioscience, Inc.
3. Miaxis Biometrics Named as Red Herring 100 Asia Award Winner for 2007
4. Dr. Keith Wilson Named President and Chief Scientific Officer of Takeda San Diego
5. Hyaluron Contract Manufacturing Named a 2007 Economic Impact Award Finalist
6. Kiwa Bio-Tech Named Recommended Brand by the China Green Food Association
7. Baxter Named to Dow Jones Sustainability Index for Ninth Consecutive Year
8. PharmAthene Named as Contractor in $13.9 Million Award Notice Published by the Department of Health and Human Services
9. Ikaria Founding Scientist Named 2007 MacArthur Fellow
10. BoVir(R) Named Best New Veterinary Diagnostics Product in International Animal Pharm Awards
11. Abbott Named One of the Best Places to Launch a Career by BusinessWeek
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
 Stoppert Named as President and CEO at Breakthrough Renewable Technology Firm Segetis, Inc 
(Date:12/8/2016)... BARCELONA, Spain , Dec. 8, 2016  Anaconda ... on the development of the next generation neuro-thrombectomy system ... the appointment of Tudor G. Jovin, MD to join ... to serve as a strategic network of scientific and ... progresses the development of the ANCD BRAIN ® ...
(Date:12/8/2016)... CA (PRWEB) , ... December 08, 2016 , ... ... as finalists in the World Technology Awards. uBiome is one of just six ... across all categories. , In addition to uBiome, companies nominated as finalists in ...
(Date:12/8/2016)... Dec. 8, 2016 Soligenix, Inc. (OTCQB: SNGX) ... on developing and commercializing products to treat rare diseases ... that it will be hosting an Investor Webcast Event ... the origins of innate defense regulators (IDRs) as a ... oral mucositis and the recently announced and published Phase ...
(Date:12/8/2016)... Eutilex Co. Ltd. today announced that it ... A financing. This financing round included participation from DS ... Bio Angel. This new funding brings the total capital ... since its founding in 2015. The ... commercialization of its immuno-oncology programs, expand its R&D capabilities ...
Breaking Biology Technology:
(Date:6/27/2016)... DUBLIN , June 27, 2016 Research ... in North America 2016-2020" report to their offering. ... North America to grow at a CAGR ... has been prepared based on an in-depth market analysis with inputs ... growth prospects over the coming years. The report also includes a ...
(Date:6/22/2016)... 2016   Acuant , the leading ... has partnered with RightCrowd ® to ... Management, Self-Service Kiosks and Continuous Workforce Assurance. ... functional enhancements to existing physical access control ... with an automated ID verification and authentication ...
(Date:6/21/2016)... 2016 NuData Security announced today that Randy ... principal product architect and that Jon Cunningham ... development. Both will report directly to Christopher ... reflect NuData,s strategic growth in its product and ... demand and customer focus values. ...
Breaking Biology News(10 mins):